BillingTree NSF BillManager™

Re-Present NSF Transactions Automatically

Included in the BillingTree's payment suite is NSF BillManager, a comprehensive NSF check-processing and management tool. This powerful application allows businesses to access current NSF-check information online restrictively, enter the NSF-check information, analyze the check data, and manage the entire recovery process.

If your business experiences a significant volume of returned consumer checks and you're interested in collecting NSF checks in-house electronically, then BillingTree can provide the software solution.

Business Benefits

More Presentments
Paper checks may be presented two times (the initial deposit and one re-presentment). Electronic re-presentment, however, allows a third submission. Tests reveal that on average, the third re-presentment collects an additional 25% to 50% of the remaining outstanding NSF Checks.

First Claim to Available Funds
Electronic transactions receive first claim to any cash in an account. Banks routinely post electronic items to consumer accounts before posting paper checks.

Lower Processing Costs
Processing NSF checks electronically via BillingTree's software is so efficient that an entry-level collector can process thousands of checks weekly.

Eliminate Bank NSF Return Fees
Banks charge businesses NSF-return fees of $5 to $20 per returned paper check. No return fees, however, are charged for ACH electronic transactions on NSF returns, only minimal electronic transaction processing fees.

Timing is Crucial
Re-presentment timing can be critical to collection efforts. For example, if re-presentments are timed to debit an account after payday, that is, on the first or fifteenth of the month or on a Friday, collection ratios increase because check-writers' accounts typically contain higher balances.

Faster Notification
Presenting a paper check manually and settling the transaction may require seven days or more. When re-presenting NSF checks electronically, however, the time is reduced to less than 48 hours, resulting in more efficient collection rates.

Collection Ratios as Much as 85%
NSF check collection ratios have exceeded 85%, based on the age of the check when processed electronically. In some cases, this recovery is more than double the collection ratio of checks submitted manually. Electronic checks are processed sooner, clearing ahead of checks written days earlier.

Cost Effective Recovery
Collection manager software is so efficient that companies can justify processing lower-dollar receivables without fearing high NSF-return fees.

Fast Turn-Around Time
Qualified NSF checks are paid electronically within 24 to 48 hours.

No Accounting Nightmares
The automatic posting of settlements matches the paid checks and lists the immediate follow-up of those settlements that didn't clear.

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